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    <title>Amendment of section 15F</title>
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    <description>Amendment substitutes the words &quot;he sponsors or carries on any such collective investment scheme including mutual funds&quot; with &quot;such failure continues&quot; in clause (b) of section 15F, converting the clause&#039;s focus from sponsor/activity identification to the ongoing nature of the failure as the operative triggering language.</description>
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      <description>Amendment substitutes the words &quot;he sponsors or carries on any such collective investment scheme including mutual funds&quot; with &quot;such failure continues&quot; in clause (b) of section 15F, converting the clause&#039;s focus from sponsor/activity identification to the ongoing nature of the failure as the operative triggering language.</description>
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